Press Releases2011

Aug 02, 2011
Shirpur Gold Refinery Ltd. declares its unaudited financial results for quarter ended 30th June, 2011

Financial Highlights:
Total revenues were Rs. 27138. 14Lacs for the quarter ended June 30, 2011 as compared to – Nil- for the quarter ended June 30, 2010 as the company restarted its operations w.e.f. 15th July, 2010.
Total revenues were Rs. 27138. 14Lacs for the quarter ended June 30, 2011 recording a growth of 141.75% as compared to previous quarter ended March 31, 2011.
Gross Profit for the quarter ended June 30, 2011 was Rs. 12.75Lacs as compared to Gross Loss of Rs. 26.90Lacs in previous quarter ended March 31, 2011.
Loss before Tax for the quarter ended June 30, 2011 plunges by 20.33% as compared to previous quarter ended March 31, 2011.
Expected Performance in Next Quarter:-
Export is likely to be commenced from the next quarter whereby margins will be better.
Company is gradually increasing its foot prints across all gold consuming centres in order to increase revenue.
Report by: Team – Corporate Brand Development

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